Data migrations are prevalent across all industries and company sizes. In fact, according to a recent Experian Data Quality study, 91 percent of organizations partake in data migration projects. Companies have to move data from one place to another due to system replacements, regulatory changes, acquisitions and more. Unfortunately, given the massive amount of data that organizations typically have, these projects are not without their fair share of challenges. Eighty-five percent of organizations experience challenges during their data migrations.
There are a number of challenges that businesses can face during their migration, but our study found that the issues fell into three key areas: processes, the data itself, and the technologies used during the project.
The five most common data migration challenges are:
While migrations are certainly tough, they are critical to progress on your organization’s data-driven initiatives. Additionally, if organizations take steps to mitigate some of the common challenges through proper preparation, processes, and planning, these projects will go a lot smoother.
Data is your organization’s most strategic asset so ensuring it is quality and fit for purpose is key. Use your upcoming migration as an opportunity to take an in-depth look at your asset and see how you can leverage it to make better, faster, more accurate business decisions. Your data migration project could be the catalyst for a larger organization-wide change in the way you strategically think about data and data quality.
Ready to learn more? Check out our new white paper, Easing the data migration burden. In this white paper, you’ll discover the prevalence of data migrations, get an in depth look at the five most common migration challenges, and take away tips for alleviating barriers to a successful migration.